SRC Holdings subsidiary expanding within Springfield facility, adding up to 50 jobs

SRC Logistics, a subsidiary of Springfield-based SRC Holdings Corporation, expects to add up to 50 new jobs as it expands within its current facility, the Springfield Area Chamber of Commerce said Wednesday.

The company is investing $700,000 in capital after winning a major client contract, and will utilize 140,000 square feet of space at its facility in the 2000 block of East Pythian Street, the chamber said in a news release. That space was freed up when another SRC subsidiary, Global Recovery Corporation, relocated to the former Regal Beloit building on East Sunshine Street.

SRC Logistics currently employs 78 people, according to the chamber, which described it as "a core management and supply chain solution company" serving a dozen major original equipment remanufacturers.

Chamber staff helped SRC access tax incentives and job creation incentives after the company discussed the need for additional space and workers during an August site visit.

“SRC won this contract while competing against larger international companies because of our industry leading core management system, RLMS, and the passion, drive, and experience of our employee-owners," Vaughn Henson, SRC Logistics general manager, said in the chamber news release. "Springfield’s location and infrastructure also make it a natural logistical consolidation point for the continental United States.

"We’re proud to bring this growth to the Springfield community and create opportunities for additional individuals to find long-term employment and hold ownership in our company,” Henson continued.

The chamber said the move "points to the stability of the Springfield region’s remanufacturing industry and its future potential." Job and application information is online at www.srclogisticsinc.com/careers/.